The war in Ukraine has caused chaos in the commodity markets, with soaring prices and volatile swings. Rising commodities are typically seen as bad news for the economy, as high prices dent profit margins and weaken investment. Oil prices could spike furtherGiven its importance to the world economy, most investors will have some exposure to oil in their portfolio. Gold-based ETFs (exchange-traded funds), such as the popular iShares Gold Strategy ETF, essentially function like an investment fund which tracks the price of gold. Legal & General's ETF Managers All Commodities UCITS ETF mirrors the Bloomberg Commodity Index: an influential index of different commodities.

Source: Daily Mail March 30, 2022 04:52 UTC